482 Dover Way, Campbell, California 95008, Campbell, 95008 - bed, bath
ACTIVE$1,788,000$2,592/sqft
482 Dover Way, Campbell, California 95008
0Bed
0Bath
2,592Sqft
6,465Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Silicon Valley Location: Located in Campbell, a vibrant and rapidly growing community within Silicon Valley, offering high rental demand and potential for appreciation.
Top Cons:
Property Age: Built in 1968, the property's age may imply outdated systems, potential for higher maintenance costs, or the need for significant capital expenditures for modernization to meet current market standards.
Compared to the nearby listings
Price:$1.79M vs avg $1.81M ($-24,500)33%
Size:2,592 sqft vs avg 3,364 sqft33%
Price/sqft:$690 vs avg $57167%
More Insights
Built in 1968 (58 years old).
Condition: Built in 1968, this property is over 50 years old. While the exterior appears well-maintained with some updated windows, there are no interior images or descriptions of recent renovations for the kitchens and bathrooms. Given the age and the fact it hasn't been on the market for over 40 years, it's highly probable that the interior components, including appliances, fixtures, and finishes, are significantly outdated, even if functional. This aligns with a property that is aged but maintained through regular upkeep, with major components showing signs of being outdated, requiring minor updates or repairs to meet current standards.
Year Built
1968
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030273
Home ConditionFair
Features
Patio
View-
About this home
Located in the vibrant city of Campbell, 482 Dover Way offers investors a prime opportunity to acquire a well maintained fourplex that has not been on the market for over forty years in one of Silicon Valleys most desirable and rapidly growing communities. The property features a rentable building area of 2,592 square feet, with a strong unit mix consisting of two two-bedroom, one-bath units and two one-bedroom, one-bath units. This configuration has historically demonstrate consistent rental demand and ease of leasing, making it an attractive asset for both seasoned and first-time investors.
F
Fred Rubio
Listing Agent
Nearby schools
4/10
Campbell Middle School
Public,•7-8•1.8mi
5/10
Del Mar High School
Public,•9-12•0.7mi
Condition Rating
Fair
Built in 1968, this property is over 50 years old. While the exterior appears well-maintained with some updated windows, there are no interior images or descriptions of recent renovations for the kitchens and bathrooms. Given the age and the fact it hasn't been on the market for over 40 years, it's highly probable that the interior components, including appliances, fixtures, and finishes, are significantly outdated, even if functional. This aligns with a property that is aged but maintained through regular upkeep, with major components showing signs of being outdated, requiring minor updates or repairs to meet current standards.
Pros & Cons
Pros
Prime Silicon Valley Location: Located in Campbell, a vibrant and rapidly growing community within Silicon Valley, offering high rental demand and potential for appreciation.
Strong Investment Opportunity: A well-maintained fourplex described as a 'prime opportunity' for both seasoned and first-time investors, indicating a solid income-generating asset.
Stable Long-Term Ownership: The property has not been on the market for over forty years, suggesting a stable asset with potential for untapped rental upside and consistent performance.
Optimized Unit Mix: Features a strong unit mix of two 2-bedroom and two 1-bedroom units, historically demonstrating consistent rental demand and ease of leasing.
Good School District Ratings: Located within a district featuring a 5-rated high school (Del Mar High School) and a 4-rated middle school (Campbell Middle School), enhancing tenant appeal for families.
Cons
Property Age: Built in 1968, the property's age may imply outdated systems, potential for higher maintenance costs, or the need for significant capital expenditures for modernization to meet current market standards.
Lack of Renovation Details: While described as 'well maintained,' the absence of specific renovation details suggests potential for deferred maintenance or the need for immediate upgrades to maximize rental income and tenant appeal.
Absence of Amenity Information: The property description lacks details on crucial multi-family amenities such as parking, laundry facilities, or outdoor spaces, which are key factors for tenant attraction and retention.